Best buy Trends & Statistics

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In-Store Retail Media 2023

In-Store Retail Media 2023

Report
Mar 16, 2023

The rise of in-store retail media will prove that the physical store is the next major media channel for brands.

The Daily: The digital patient journey, health data for ad targeting, and Best Buy teams up with Atrium Health

Audio
Mar 13, 2023

On today's episode, we discuss what omnichannel healthcare should look like, how patients are using social media to find health information, and why physicians don't want to review their patients' wearable data. "In Other News," we talk about what will happen moving forward regarding patient health information being shared for advertising purposes and why Best Buy is teaming up with Atrium Health. Tune in to the discussion with our analysts Rajiv Leventhal and Lisa Phillips.

Amazon and Sweetgreen find the tide has turned on positioning themselves as tech companies

Article
Mar 06, 2023

Tighter economic climate forces companies to focus on profitability: The paradigm shift away from long-term bets has driven changes everywhere from Amazon to Wayfair to Sweetgreen.

Macy's and Best Buy report sales drops in Q4 2022 due to weakness in nonessential goods

Article
Mar 02, 2023

Macy's and Best Buy are seeing a drop in sales of nonessential goods: Economic uncertainty, inflation force consumers to focusing on necessities like groceries.

US Holiday 2022 Review and Holiday 2023 Preview

US Holiday 2022 Review and Holiday 2023 Preview

Report
Feb 28, 2023

The 2022 holiday season’s solid retail sales gains were mostly attributable to inflation, but they nevertheless paint a cautiously optimistic picture for the 2023 holiday season.

US Click-and-Collect Forecast 2023

US Click-and-Collect Forecast 2023

Report
Feb 23, 2023

Click and collect has matured as an ecommerce channel, but growth will slow as pandemic concerns alleviate.

Retail Media Explainer

Retail Media Explainer

Report
Feb 16, 2023

This report is a guideline to help marketers understand retail media through market size estimates, growth projections, and analysis of the complex landscape of buyers, sellers, and intermediaries.

Which retailers won (or lost) in 2022?

Which retailers won (or lost) in 2022?

Article
Dec 22, 2022

Which retailers and brands won (or lost) in 2022? Retailers that catered to the budget or luxury ends of the price spectrum did well, while those that dealt in discretionary categories like apparel and electronics saw the biggest drop-off in consumer spending.

Best Buy, Dick’s Sporting Goods, and others position themselves for success

Best Buy, Dick’s Sporting Goods, and others position themselves for success

Article
Nov 23, 2022

Retailers' Q3 earnings show signs of optimism ahead of the holiday season: Foot Locker, Dick’s Sporting Goods, Best Buy, and American Eagle each beat expectations as shoppers continue to spend.

US Holiday Shopping 2022

US Holiday Shopping 2022

Report
Oct 17, 2022

The 2022 US holiday season outlook is surprisingly strong amid inflation and economic uncertainty, but revenue growth will be easier to come by than profits.

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Retailers take a heavy-handed approach to combat theft

Retailers take a heavy-handed approach to combat theft

Article
Sep 28, 2022

Retailers’ theft-prevention strategies risk alienating consumers: But Home Depot, Wegmans, and Best Buy show the difficulties of striking a balance between shopper satisfaction and store security.

Drizly looks to capitalize on the retail media boom

Drizly looks to capitalize on the retail media boom

Article
Sep 22, 2022

Drizly is the latest company to roll out an ad network: The Uber-owned alcohol delivery service’s ad products may enable advertisers to run finely targeted multimedia campaigns.

Kroger, Sam’s Club, and Best Buy expand their retail media networks

Kroger, Sam’s Club, and Best Buy expand their retail media networks

Article
Sep 20, 2022

Retailers look for more ways to monetize their customer bases: Kroger, Sam’s Club, and Best Buy keep seeking new ways to entice advertisers to their retail media networks.

Food inflation takes its toll on US consumers

Food inflation takes its toll on US consumers

Article
Sep 14, 2022

Inflation shows no signs of receding: Higher grocery costs continue to eat into budgets, but lower gas prices are boosting consumer optimism.

The holiday shopping season is starting earlier than ever

The holiday shopping season is starting earlier than ever

Article
Sep 12, 2022

Consumers plan to get an early start on holiday shopping: That’s good news for retailers as it should help smooth out the traditional late-season shipping bump.

Nordstrom is the latest retailer to lower its outlook

Article
Aug 24, 2022

Inflation may hinder consumer spending during the holidays: Nordstrom is the latest retailer to lower its forecast for the rest of the year due to softening customer demand.

Hearing aids could flood retail stores following the FDA’s over-the-counter designation

Hearing aids could flood retail stores following the FDA’s over-the-counter designation

Article
Aug 18, 2022

We unpack the potential for cheaper consumer health devices as the FDA makes hearing aids directly available.

Retail is bearish, hospitality is bullish as consumer spend shifts toward experiences

Article
Aug 03, 2022

Consumer spending on travel soars in Q2: That’s why companies like Airbnb and American Airlines are far more bullish than retailers about their outlooks for the rest of the year.

US Ecommerce Forecast 2022

US Ecommerce Forecast 2022

Report
Jul 26, 2022

2022 will be another tricky year as retailers navigate a new set of challenges, including sustained inflation and inventory planning troubles. Total retail sales growth will slow across channels before returning to pre-pandemic levels next year.

The state of outlet retail in 2022

Article
Jul 20, 2022

We know consumers are price-conscious and indoor mall traffic is up, but will consumers flock to outlets to find deals?

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